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Volkswagen can quit India? Mahindra likely to acquire operations
short by / on Tuesday, 2 July, 2024
Volkswagen is considering selling its stake in Skoda Auto Volkswagen India Pvt. Ltd. to a local partner, with Mahindra being a likely candidate. Despite investing USD 2 billion, Volkswagen struggles in the price-sensitive Indian market. The partnership aims to combine strengths in engineering, sales, and procurement to navigate these challenges successfully.
read more at Trak.in